Discretionary fund manager Blankstone Sington has entered special administration following a court order.
The Financial Conduct Authority today (16 October) confirmed the fate of the Liverpool business, which is also a member of the London Stock Exchange. It comes after regulator took action against Blankstone Sington in November 2021 to prevent it from accepting new clients, disposing or diminishing the value of its assets, or accepting new custody assets from its existing clients. According to the FCA register, the firm's regulatory status was adjusted in December 2021 to reflect this. A message on Blankstone Sington's website confirms three administrators from Leonard Curtis were ap...
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